In the SciTools example, we created an Inputs section with the data from the problem statement, and
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In the SciTools example, we created an Inputs section with the data from the problem statement, and then we cell-referenced these input cells in the tree. Show that you omit the Inputs section and enter the relevant numbers (monetary values and probabilities) directly in the tree. Is this any quicker than the method we used? Does it have any drawbacks?
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SciTools Bidding Decision SciTools Bidding No Yes Bid 12200 Now the only formulas left in the tree a...View the full answer
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Related Book For
Business Analytics Data Analysis and Decision Making
ISBN: 978-1133629603
5th edition
Authors: S. Christian Albright, Wayne L. Winston
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